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PMP - RMC - PM Framework.txt
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project
temporary. creates a unique product or service
program
a group of interrelated projects, managed in a coordinated way
portfolio
a group of programs to achieve a specific strategic business goal
product life cycle
the cycle of a product's life from conception to withdrawal.
project life cycle
What you need to do to complete the work. It varies by industry and type of project.
project management process
What you need to do to manage the work. Includes initiating, planning, executing, monitoring and controlling, and closing.
project management office
a department that centralizes the management of projects
project constraints
used to help evaluate competing demands
stakeholders
anyone whose interests may be positively or negatively impacted by the project
what to do with stakeholders
identify all of them, determine all of their requirements, determine all of their expectations, communicate with them, manage their influence
three primary forms of organization
functional organization, projectized organization, matrix organization
functional organization
type of organization where the company is grouped by areas of specialization
projectized organization
type of organization where the company is grouped by project
matrix organization
type of organization where functional and projectized tasks are blended
strong matrix organization
type of organization where the balance of power rests with the project manager
weak matrix organization
type of organization where the balance of power rests with the functional manager
balanced matrix organization
type of organization where the power is equally balanced between the functional and project managers
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Author
ckenj
ID
25843
Card Set
PMP - RMC - PM Framework.txt
Description
PMP - RMC - PM Framework
Updated
2010-07-06T16:31:21Z
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